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Magnolia Beach

Learn about the people, housing, costs and businesses in Magnolia Beach, Texas

Median Home$235,100
Median Rent$1,320/month
Population208
Leading IndustriesPublic Administration · Education · Retail35% public administration
Home Value Growth+5.8% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners66% of occupied units
NotableTransit87/100 · excellent transit access
Magnolia Beach
TX

Frequently Asked Questions

What are today's mortgage rates in Magnolia Beach?

As of today, the 30-year fixed mortgage rate for Magnolia Beach is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Magnolia Beach?

The median home value in Magnolia Beach is $235k. The median monthly rent is $1,320. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Magnolia Beach?

Home values in Magnolia Beach have increased 5.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Magnolia Beach?

Based on a typical all-in ownership cost of $1,299/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Magnolia Beach is $78k/year.

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What industries drive the economy in Magnolia Beach?

The largest employment sectors in Magnolia Beach are public administration (35%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.